Canadian Imperial Bank of Commerce Issues Positive Forecast for Topaz Energy (TSE:TPZ) Stock Price

Topaz Energy (TSE:TPZ) had its target price increased by Canadian Imperial Bank of Commerce from C$29.00 to C$33.50 in a research note released on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts have also commented on TPZ. ATB Cormark Capital Markets upped their target price on Topaz Energy from C$31.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday. Scotiabank raised shares of Topaz Energy to a “strong-buy” rating in a report on Friday, November 28th. Jefferies Financial Group dropped their price objective on shares of Topaz Energy from C$31.00 to C$30.00 in a research note on Tuesday, January 20th. Raymond James Financial lifted their target price on shares of Topaz Energy from C$32.00 to C$34.00 in a research report on Tuesday, December 9th. Finally, National Bank Financial set a C$33.50 target price on shares of Topaz Energy and gave the company an “outperform” rating in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$32.81.

Topaz Energy Price Performance

Shares of TPZ stock opened at C$30.53 on Wednesday. Topaz Energy has a 12 month low of C$21.00 and a 12 month high of C$31.16. The company has a market capitalization of C$4.70 billion, a P/E ratio of 82.51 and a beta of 0.27. The stock has a 50 day moving average of C$28.09 and a two-hundred day moving average of C$26.73. The company has a current ratio of 1.89, a quick ratio of 7.17 and a debt-to-equity ratio of 36.45.

Topaz Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.5%. Topaz Energy’s dividend payout ratio (DPR) is presently 362.16%.

Key Headlines Impacting Topaz Energy

Here are the key news stories impacting Topaz Energy this week:

• Positive Sentiment: Company guidance and results point to operational strength — Topaz reported 2026 guidance and Q4 2025 results that include 10% reserves growth and 1.5x reserve replacement, a fundamentals-driven positive for future cash flow and production visibility. TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS
• Positive Sentiment: Canaccord Genuity raised its TPZ target to C$35.00 and reiterated a Buy rating, implying ~13–14% upside vs. recent levels — a bullish signal from a major independent energy analyst. BayStreet.CA
• Positive Sentiment: Raymond James increased its target to C$35.00 and maintains an Outperform call, another notable upward revision supporting consensus analyst optimism. BayStreet.CA
• Positive Sentiment: CIBC raised its target to C$33.50 and moved to Outperform, reinforcing institutional buy-side support; coverage of the move also appears on TickerReport. BayStreet.CA TickerReport
• Positive Sentiment: TD Securities bumped its target to C$33.00 and upgraded to Buy, adding to the string of upgrades and supporting near-term upside expectations. BayStreet.CA
• Positive Sentiment: ATB Cormark raised its target to C$33.00 and rates the stock Outperform, rounding out multiple upward revisions from Canadian brokers. BayStreet.CA

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.